Sinopec Engineering Co is in the negotiation phase for a $3 billion contract from Jordan Petroleum Refinery Co to jointly develop the fourth expansion phase of the Zarqa Refinery with engineering giant Tecnimont and Japan’s Itochu Corp.
The aim of the project is to expand the Zarqa refinery’s capacity to 150,000 barrels per day, up from the current 60,000 barrels a day.
The contract includes the construction works of the whole plant’s production equipment, public works and facilities outside the plant.
JPRC is Jordan’s only oil refining company and is headquartered in the country’s capital city, Amman. The company’s refinery is situated in Zarqa, and is primarily engaged in the manufacture of different types of fuels and petrochemicals.
[Editor’s note: This story has been updated to reflect the current progress of the contract award]
